Floor & Decor Cuts Full-Year Outlook Despite Third-Quarter Growth
Floor & Decor lowered its full-year adjusted earnings outlook to $1.88-$1.98 a share from a prior range whose top end was $2.13. Third-quarter revenue grew and profit increased.
By Elias SchisgallFloor & Decor Holdings cut its outlook for the year, despite reporting revenue growth and a higher profit in the third quarter.The company now expects adjusted earnings in a range of $1.88 to $1.98 a share, lowering the top end of the range from $2.13. Analysts polled by FactSet c…